Gallacher Capital Management LLC Has $1.66 Million Stock Holdings in JPMorgan US Value Factor ETF (NYSEARCA:JVAL)

Gallacher Capital Management LLC trimmed its position in JPMorgan US Value Factor ETF (NYSEARCA:JVAL) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,560 shares of the company’s stock after selling 594 shares during the quarter. JPMorgan US Value Factor ETF makes up 0.9% of Gallacher Capital Management LLC’s portfolio, making the stock its 21st biggest position. Gallacher Capital Management LLC owned 0.20% of JPMorgan US Value Factor ETF worth $1,658,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its position in shares of JPMorgan US Value Factor ETF by 19.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,870,542 shares of the company’s stock worth $265,066,000 after buying an additional 1,113,094 shares during the period. Retirement Planning Group LLC bought a new position in JPMorgan US Value Factor ETF in the second quarter valued at approximately $5,411,000. SVB Wealth LLC grew its holdings in JPMorgan US Value Factor ETF by 40.2% during the 1st quarter. SVB Wealth LLC now owns 334,603 shares of the company’s stock worth $13,926,000 after acquiring an additional 95,932 shares during the period. Strategic Financial Concepts LLC acquired a new stake in JPMorgan US Value Factor ETF during the 2nd quarter worth $34,000. Finally, SteelPeak Wealth LLC raised its position in shares of JPMorgan US Value Factor ETF by 293.7% during the 2nd quarter. SteelPeak Wealth LLC now owns 78,099 shares of the company’s stock valued at $3,192,000 after acquiring an additional 58,261 shares during the last quarter.

JPMorgan US Value Factor ETF Stock Down 1.6 %

JVAL stock opened at $41.33 on Friday. JPMorgan US Value Factor ETF has a twelve month low of $32.76 and a twelve month high of $43.20. The business’s fifty day moving average is $41.71 and its 200-day moving average is $40.95. The company has a market cap of $820.30 million, a P/E ratio of 15.29 and a beta of 0.99.

JPMorgan US Value Factor ETF Company Profile

The JPMorgan U.S. Value Factor ETF (JVAL) is an exchange-traded fund that is based on the JP Morgan US Value Factor index. The fund tracks an index of large-cap US equities that are selected and weighted by four relative valuation factors: book yield, earnings yield, dividend yield and cash flow yield.